2007 Regular Session

SENATE BILL 334

File Code: State Pensions and Retirement Crossfiled with: HOUSE BILL 955
Sponsored By:
Senator Gladden
Entitled:
Employees' Pension System - Purchase of Service Credit

Synopsis:

Providing that members of the Employees' Pension System may purchase specified service credit at any time prior to retirement on an installment basis; and requiring the Board of Trustees to hold contributions made by members of the Employees' Pension System to purchase specified service credit in trust earning regular interest.

History by Legislative and Calendar Date

Senate Action
2/1
First Reading Budget and Taxation
2/21
Hearing 3/8 at 8:00 a.m.
2/28
Hearing cancelled
Hearing 3/22 at 8:30 a.m.
House Action
No Action

Bill indexed under the following Subjects:

Retirement Systems -see also- Mandatory Retirement
State Employees
Work, Labor and Employment -see also- Col Barg; Holiday; etc

Bill affects the following Statute:

State Personnel and Pensions
( 23-307 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered